Sykes-pickavant Export Limited

Sykes-Pickavant Export Ltd from Penkridge UK: a small, active company founded 18 years ago, employs just two people, and holds £480,190 in assets. It’s a family business with five directors and two owners, and was started by a solo founder. The company regularly imports machinery, boilers, and mechanical appliances parts (135 months) and exports basic metal tools and utensils (238 months). It’s a real address, and the company is in good standing.

The company’s website, SykesPickavant Tools, showcases a range of products including powertrains, chassis, bodies, and workshops tools. It also features catalogues and promotions, and has a contact us section. The site’s design is simple, with a copyright notice and sitemap, suggesting a focus on functionality over flashy aesthetics. The company seems to be selling tools and related items directly to consumers, rather than operating as a wholesale distributor.

Financially, Sykes-Pickavant Export Ltd shows some interesting trends. Cash reserves increased by a significant 96%, reaching £110,000, while trade debtors decreased by 24% to £26,000, suggesting better collection practices. However, creditors rose by 27% to £130,000, and depreciation expense increased by 61% to £1,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants a closer look. There is no auditor mentioned, which is likely due to the company’s exemption as a small company. The company's net assets increased by 8.5% to £350,000.

Overall, Sykes-Pickavant Export Ltd appears to be a stable, family-run business with a focus on importing and exporting tools. While the increase in creditors is something to monitor, the company’s strong cash position and efficient debt management suggest it’s navigating the current economic climate reasonably well.

Registered in England/Wales under the registration number 05953909, with a registered address at ST19 5RZ, Penkridge, Staffordshire, Unit 9 Pillaton Hall Farm.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.